West Marine, Inc. reported that net sales for the five weeks ended March 29, 2003 were $55.5 million, a 17.1% increase from net sales of $47.4 million for the same period a year ago. Comparable store net sales for March decreased 10.3% from the same peri
Category: Outdoor
Ahead Adds Tempesta to Midwest Rep Slot
Ahead® has hired Tony Tempesta as sales executive for the Kansas and Missouri territory. Tempesta becomes the newest addition to an Ahead sales team whose growth has been prompted by continued expansion of its lines…
Columbia Completes Acquisition of Mountain Hardwear
Outdoor apparel and footwear leader Columbia Sportswear Company announced that it has completed its previously announced acquisition of Mountain Hardwear, Inc. A wholly owned subsidiary of Columbia Sportswear merged with and into Mountain Hardwear effect
Skechers Signs Men’s Apparel License Deal
Skechers USA, Inc. announced that Garson International has been named the licensee for Skechers men's outerwear in the United States. Under the licensing agreement, Garson International will design, distribute and market Skechers Collection men'
REDA Reports 76% Growth in Fiscal 2002
Privately-owned REDA Sports Corporation announced 7.8% comp year-over-year growth and explosive 76.3% year-over-year growth in FY2002, attributed mainly to the robust sales of Kappa USA, the company’s linchpin proprietary soccer brand…
The North Face Opens First NYC Store
The North Face opened its first New York City store last week. Located at 2101 Broadway at 73rd Street, in the heart of Manhattan's Upper West Side, the new store elaborates on The North Face®'s new retail concept designed to personify the bran
The NHL and The Hockey Company Forge Marketing Alliance
The National Hockey League and The Hockey Company have reached an agreement to form a long-term worldwide exclusive licensing and marketing partnership. Under the new agreement, The Hockey Company will have the exclusive rights to supply and market all C
Rodale Sees Turnaround, But Changes Leave Scars
Rodale Inc. said its Men's Health magazine surged in advertising revenue and circulation, reversing recent declines. Runner's World had the highest ad revenue in its history and Scuba Diving put its competition, Skin Diver, out of business.
It’s the Product, Stupid…
With Finish Line CEO Alan Cohen declaring that, “It’s all about the product”, the athletic specialty retailer seemed to put a positioning stake in the ground to “focus on superior product selection and presentation, instead of price”. FINL clearly expect
Converse Delays IPO, But Rolls On…
Converse management has decided to delay the timing of its Initial Public Offering until current global geo-political issues can play out and the market returns to a somewhat normal cycle. The company hasn't launched a pre-offering “roadshow” for in
The Finish Line Fiscal Year Net Income Up 35% on 8.0% Sales Gain
The Finish Line, Inc. reported fiscal 2003 net sales increased 8% to $757.2 million for the fifty-two weeks ended March 1, 2003 compared to $701.4 million for the fiscal 2002. Comparable store net sales increased 3% for the year. On a GAAP basis, net in
True Temper 2002 Sales Decline 3.3%
True Temper Sports, Inc. reported that 2002 sales declined by 3.3% to $107.4 million in 2002 from $111.1 million the prior year. Full year net income decreased to $9.3 million from $24.6 million in the prior year. Net income increased 35% from $6.9 mill
K2 Inc. and Rawlings Announce Merger Exchange Ratio
K2 Inc.and Rawlings Sporting Goods Company, Inc. have announced the exchange ratio in connection with K2's proposed merger with Rawlings. If the merger with Rawlings is completed, each Rawlings stockholder will receive 1.080 shares of K2 common stock
GoLite Finds Military Deals Sometimes Cumbersome
Demetri Coupounas, president of Boulder-based GoLite, is glad that America's elite warriors have adopted the company's lightweight sports gear for battle. But it's not as though he went after the business. GoLite generally doesn't
Reebok Sees Earnings, Profits Rise, But CEO Gets No Raise
Although Reebok International Ltd. saw its profits rise smartly in 2002, the salary and bonus of chairman and chief executive Paul Fireman remained roughly the same at about $3.08 million, according to a proxy filed Monday to the Securities and Exchang
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